Neoclassical economics teaches you only neoclassical economics. And nothing more. It does not teach you how to think, it does not allow you think different. Neoclassical economics has no logic. It does not teach you critical thinking and reasoning. From the point of view of neoclassical economists, the best economist is not who can explain and understands reality, but those who knows neoclassical economics and can create many neoclasical models. No body cares if those models explain reality. Economics is about understanding reality. Neoclassical economics is not economics, since it can not explain reality. It is just intelectual game for those "intellectuals", whose wages are not marginal product of their labor, but simply from high tuition fees from students. It is indeed mafia. They produce nothing and they contribute absolutely nothing to understanding society.

Sort of, says Christopher Hayes in a very well-written and very interesting piece in The Nation. He says orthodox economists are a close-knit group and are quick to penalize those among them or from outside who overstep the boundaries. Here is an excerpt: So extreme is the marginalization of het...